CryptoWallCity vs MEXC Exchange

Robert Kiyosaki is taking an interest in assets and cryptocurrencies as a new recession looms.

Robert Kiyosaki, author of the worldwide famous Rich Dad Poor Dad says a global recession is coming and he names several crypto assets and gold as potential ways to weather the downturn. storm.

American millionaire Robert Toru Kiyosaki is an entrepreneur, author, and founder of Rich Global LLC and Rich Dad Company, a private financial education company that provides personal finance and business education for everyone people through books and videos.

In a new tweet, Robert Kiyosaki issued a warning and said that he is certain that a market crash is inevitable. He cites the recent reversal in Treasury yields as evidence:

“Be careful. Recession and crash coming. Weak businesses & greedy investors to fail.”

Today, yields on two-year Treasuries were once again higher than those on 10-year notes, as they did last week. A reversal is often considered a potential signal that a serious market crash and downturn is coming.

Robert Kiyosaki highlights a recent trip to the grocery store as further proof of what’s happening in the real world.

“INFLATION: What will become more valuable? CANNED TUNA or SILVER EAGLES? I bought $25 dollars worth of CANNED TUNA. Next to the tuna I put a $25 US SILVER EAGLE. In five years, 2027 which commodity do you think increases most in value? Tuna or silver?”

Robert Kiyosaki also thinks that President Biden has caused inflation and blames Putin, and this will make the dollar unsafe. He recommends buying Gold, Silver, Bitcoin ETH, and Solana before WW3.

Not only Kiyosaki, just last week, US Treasury Secretary Janet Yellen acknowledged the benefits of cryptocurrencies because she realized that innovation in the payment system can be a healthy thing.